Payout time for SellaBand fans
We’re constantly looking for innovative ways to improve the Springwise experience, and so we’re now introducing BeeLine Reader, a new technology that helps you read more quickly and efficiently. To learn more about BeeLine Reader, an award-winning startup funded by Intel Capital, see BeeLineReader.com.
We've featured music industry innovators SellaBand several times over the past year and a half (1, 2 and 3), so we were pleased to hear that they've just reached a new milestone. To recap: fans sponsor unknown bands and artists by buying one of the band's shares, or parts. Once a band has raised USD 50,000 by selling 5,000 parts, SellaBand sets up a professional recording session. The recorded songs are sold to new fans, and both the artists and owners of their parts (Believers) receive a share of the income generated through music sales and advertising revenues. This week,…
Spotted another good idea???
Join our network and earn rewards